We don’t know all of the details of how Bain conducted its
business under Mitt Romney, but we do know that in at least several
instances the conduct was to squeeze out cash while leaving behind
a failed company. In many other instances Bain helped
companies to grow.

It is with regret and unflinching moral certainty that I
announce that Barnhardt Capital Management has ceased operations.
After six years of operating as an independent introducing
brokerage, and eight years of...

Rather than worshipping the Chinese economy like Obama does
(high speed trains anyone?), we should be recognizing that the
Chinese model, like the Soviet model, is artificial and
contrived. There is only so much that...

I was on the bus this morning heading back to Ithaca from my Tea
Party talk at the
Cornell Club in NYC when I spotted on my PDA a post by
Ed Morrissey about an AP Fact Check debunking Obama’s
claim that secretaries pay higher taxes than millionaires and
billionaires.

What a lesson Apple holds. I’ve never bought an Apple
computer or “device” (although I did get an iPod as a gift),
but I’ll never forget my amazement in law school in the early 1980s
when a local computer store had...

… in order to pay for your grand spending plans is that sometimes you run out of rich:

… based on 2009 IRS figures, … the number of taxpayers reporting annual income over $1 million fell 39 percent between 2007 and 2009; the number of super-wealthy individuals making over $10 million annually plunged 55 percent.

The carnage wasn’t confined to millionaires. The number of taxpayers earning over $200,000 per year also decreased by 612,000 – or 13 percent.